How to Effectively Manage your Vehicle Fleet

If you want to make managing your fleet much easier or more efficient then you need to focus on making the right changes. This is very easy to do, and when you follow the below tips, you’ll be able to find out everything you need to know.

Know whether to Buy or Lease
Leasing vehicles can save you time and money in the short-term, but it’s not a good solution if you know that you are going to be in business for years to come. If you lease your vehicles, you won’t need to pay out for a lot of the expenses that are associated with buying a car, but in the long-term you may find that you are paying out for something that will never be a worthwhile investment. If you do want to buy a new car then pay a visit to: https://www.universal-car-credit.com/used-cars

Allocate the Right Resources
Think about it, are you allocating the right resources? If you have a driver that does the most miles on a regular basis then it makes sense to give them the most fuel-efficient vehicle that you have. Small fuel savings really do add up over time and it’s a great way for you to make sure that you capitalise on that.

Compliance
Not being compliant can cost you dearly. If you want to help yourself here, then you need to be up to date on the current legislations and you also need to make sure that you understand the importance of them too. This will really help your company and it will make it way easier for you to manage your fleet.

Costs
Service, insurance and even fuel costs can easily put a dent in your budget. This is especially the case when you are running a fleet of vehicles. One way for you to save money while also keeping track of your fleet would be for you to identify any areas of waste. Remember that contracts can also be renegotiated as a way to save money too, so make sure that you take that into account.

Fleet Cycles
If you are leasing your vehicles, then you can easily save by extending your lease cycle. Monthly payments over four years will be cheaper when compared to three years, and most of the time you won’t see a dip in your car’s performance either. Consider using this pricing structure to your advantage, so that you can negate any costs incurred through servicing or even fees.

Software
If you haven’t got a fleet management software, then now is the time for you to change that. Specialist software can easily help you to manage your fleet policy and it can also help you with your fleet compliance too. The best thing about it is that it’s great for helping you to keep track of the vehicles you have, how they are being used and even the last time that they were serviced. It’s also ideal for finding out which vehicles or routes are costing the most money, so you can make the right changes.